Forex Tradings
#BTC After being rejected from 70k BTC has just tested the OTE of the OB+ We cant say that its a Absolute bottom but we can say that its a Potential bottom for Short covering Rally towards 65.3k - 65.8 k - 67.3k Losing 63254 in daily can take the price…
#BTC
BTC closed daily above 63254 which means that yesterday's dump was actually a mere sell side liquidity grab and in this process BTC grabbed the Stops below PWL, Equal Lows and tapped the Top of daily FVG and bounced back up 64k.
imo we can see a strong short covering rally upto next weekend before dump again till end of August.
Resistance Levels - 65.4k -66.7k - 67.3k - 68.2k
Support Levels - 63254 - 62.3k - 61.5k - 60.6k - 59.8k
@cryptosignals
BTC closed daily above 63254 which means that yesterday's dump was actually a mere sell side liquidity grab and in this process BTC grabbed the Stops below PWL, Equal Lows and tapped the Top of daily FVG and bounced back up 64k.
imo we can see a strong short covering rally upto next weekend before dump again till end of August.
Resistance Levels - 65.4k -66.7k - 67.3k - 68.2k
Support Levels - 63254 - 62.3k - 61.5k - 60.6k - 59.8k
@cryptosignals
🩸 $2.9 TRILLION wiped out from stocks today due to fears of a global recession
The worst day since 2020 Covid Crash
@cryptosignals
The worst day since 2020 Covid Crash
@cryptosignals
#BTC
Well BTC breached all the Support levels upto 60.5k in a single daily candle before bouncing back up, This move has balanced the imbalance of the Daily FVG lying between 62.3k -61.5k and tapped the top of lower FVG.
i know everyone is bearish right now and they are totally justified considering the Shitty Price action of BTC.
But if u analyse the chart properly then u would see that BTC is Still Trading close to range low. its a basic Trading principle that never short the range low unless proven otherwise.
imo we can see short covering rally in the weekends followed by pullback on monday
@cryptosignals
Well BTC breached all the Support levels upto 60.5k in a single daily candle before bouncing back up, This move has balanced the imbalance of the Daily FVG lying between 62.3k -61.5k and tapped the top of lower FVG.
i know everyone is bearish right now and they are totally justified considering the Shitty Price action of BTC.
But if u analyse the chart properly then u would see that BTC is Still Trading close to range low. its a basic Trading principle that never short the range low unless proven otherwise.
imo we can see short covering rally in the weekends followed by pullback on monday
@cryptosignals
Forex Tradings
#FTM Rebuy Setup Earlier Trade gave 27% Profits, so reentering again @cryptosignals
#FTM Update
FTM dipped with the whole market, However its holding strong, I am not selling here as price is just testing the HTF PA.
if u are in then DCA and if u are not in then its a good zone to buy @0.389
@cryptosignals
FTM dipped with the whole market, However its holding strong, I am not selling here as price is just testing the HTF PA.
if u are in then DCA and if u are not in then its a good zone to buy @0.389
@cryptosignals
Institutional Reference Point ranging from 52.8k - 50k in HTF and 52k tagged
JUST IN: $366 million liquidated from the cryptocurrency market in the past 60 minutes.
12th March 2020 happening Again
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JUST IN: $1,000,000,000 liquidated from the cryptocurrency market in the past 24 hours.
@cryptosignals
@cryptosignals
Honestly Speaking the levels which BTC has Hit today is expected around Mid September But not at this speed.
@cryptosignals
@cryptosignals
#LINK
Link tested the Top of the Range from where it breaks out in October 23 as Support
@cryptosignals
Link tested the Top of the Range from where it breaks out in October 23 as Support
@cryptosignals